The man has a plan; just sit tight and let it unfold. Despite the cries of gloom and doom from the left, President Donald J. Trump says that the “market is going to boom.” The President made the comments soon after a Wall Street panic last week.
Trump compared the decline in the stock market to a patient’s operation and said, “I think it’s going very well, it was an operation… It’s a big thing. I said this would be exactly the way it is. We have $6-$7 trillion coming into our country, and we have never seen anything like it.”
“The market is going to boom, the stock is going to boom, the country is going to boom, and the rest of the world wants to see if there is any way they could make a deal,” he added.
He made these claims soon after U.S. stocks had their worst one-day sell-off since 2020.
Citing the necessity to rectify the United States trade deficit, Trump utilized a 1977 statute to officially declare a trade emergency, subsequently introducing new tariffs. The President imposed a blanket 10% tariff on all trading partners and levied more duties on the countries he described as “bad actors.”
It is worth noting that China, Vietnam, Cambodia, and Sri Lanka are subject to the most severe tariffs, whereas Canada and Mexico were exempted.
After the realities of the new tariffs sank in, Trump said, “Every country is calling us. That’s the beauty of what we do. If we would have asked these countries to do us a favor they would have said no. Now, they will do anything for us.”
After the concerning Wall Street meltdown, Trump wrote in a post on Truth Social that his plan is already working, with trillions of dollars already being poured into the U.S. economy.
“We are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,” Trump wrote.
Despite taking heat from the left and even some members of his own party, Trump remains defiant that his plan will work in the long term as he aims to reduce America’s trade deficit with other countries, protect American industries and bolster jobs by encouraging companies to move manufacturing back to the U.S.
“HANG TOUGH, it won’t be easy, but the end result will be historic,” Trump wrote. “We will MAKE AMERICA GREAT AGAIN!!!” Trump wrote.
